Why is Aries Agro falling/rising?

As of 22-Aug, Aries Agro Ltd is experiencing a significant rise in its stock price, currently at 430.10, with a change of 47.75, reflecting a 12.49% increase. The stock has recently hit a new 52-week and all-time high of Rs. 455.9, demonstrating strong performance today by outperforming its sector by 12.41%. Over the past week, the stock has gained 9.96%, and it has shown impressive returns of 49.81% year-to-date and 39.01% over the past year, consistently outperforming the BSE500 index. The company's strong financial health, indicated by a low Debt to EBITDA ratio of 1.50 times and a remarkable net profit growth of 283.76% in the last half-year, has likely contributed to this upward momentum. Additionally, the increasing participation of institutional investors, who have raised their stake by 1.57%, suggests a positive outlook on the company's fundamentals.
In the broader market context, Aries Agro's short-term performance stands in stark contrast to the Sensex, which has only increased by 0.88% over the past week and has declined by 1.07% over the past month. This divergence highlights the stock's strong relative strength amidst a generally weaker market environment. Despite a recent decline in delivery volume, which fell by 46.75% against the 5-day average, the stock remains liquid enough for trading, indicating that investor interest is still present. Overall, the combination of strong financial results, institutional support, and consistent returns over the past three years has positioned Aries Agro favorably, contributing to its rising stock price.